Tag: Bloomberg
Browse our exclusive articles!
China AI Chip Leader Soars 20% Limit as Beijing Warns on Nvidia
(Bloomberg) -- Chinese AI chipmaker Cambricon Technologies Corp. soared its 20% daily limit on Monday, leading a sector rally after Bloomberg News reported Beijing...
Banning Alcohol at Australian Bank Would Be Difficult, CEO Says
(Bloomberg) -- ANZ Group Holdings Ltd.’s Chief Executive Officer Shayne Elliott said an alcohol ban would be “difficult to implement” as the bank works...
Lombard Odier Dumped Entire China Allocation, Won’t Buy Rebound
(Bloomberg) -- When Michael Strobaek joined Lombard Odier as chief investment officer in November, one of his first big moves was to sell all...
Chinese Stocks Soar Most Since 2015, Heading for Bull Market
(Bloomberg) -- Chinese stocks extended one of their most remarkable turnarounds in history, soaring for a ninth straight day as government stimulus entices investors...
Nio Surges on $1.9 Billion Injection from Parent, Investors
(Bloomberg) -- Nio Inc. jumped the most in nearly five months Monday after unveiling a cash injection worth 13.3 billion yuan ($1.9 billion) from...